What are the responsibilities and job description for the Royalties Accounts Payable Coordinator position at Concord Music Group, Inc.?
Overview
Concord is the independent, worldwide leader in the development, management and acquisition of sound recordings, music publishing, theatrical performance rights and narrative content.
Headquartered in Nashville with additional offices in Los Angeles, New York, London, Berlin, Melbourne and Miami, Concord also has staff in Auckland, Sydney, Tokyo and Toronto. The Company’s catalog consists of more than 1 million songs, composed works, plays, musicals and active recordings which are licensed in virtually every country and territory worldwide.
As the Royalties Payable Coordinator, you'll be responsible for royalty accounts payable, reconciliation of royalty statements to sub-systems and ensuring payments are made in line with contract.
Responsibilities
What you'll do:
- Enter royalty bills and bill credits from royalty processing system
- Prepare quarterly payment runs in line with contractual payment terms
- Review tax forms (W-9 & W-8BEN) for royalty vendors
- Review and maintain royalty vendor information in accounting system
- Reconcile royalty statements to balances in the finance system and royalty processing systems
- Calculate and record royalty client VAT and WHT amounts where applicable
- Prepare out-of-cycle royalty payments as requested
- Provide assistance with royalty client inquiries
- Assist with other projects as needed
Qualifications
What you'll need:
- Bachelor's degree in Accounting, Finance or related field preferred, or the equivalent combination of education and experience required
- 1 – 2 years of relevant experience in Accounting/Finance/Royalties department preferred
- Detail-oriented mindset and ability to stay organized and meet deadlines
- Proficiency in Microsoft Office applications, especially Excel (V-lookups, pivot tables, formulas, data filtering and formatting)
- Prior experience working with NetSuite, Jira, iMaestro a plus
*This is a hybrid role requiring 3 days minimum on-site.
At Concord, we offer comprehensive medical and wellness benefits, generous time off, parental leave, charity match, paid time off for volunteering, and other fun company perks. We have beautiful new offices and a culture committed to supporting everyone’s growth and development.